Chapters in this book

1. Frontmatter i
2. Contents vii
3. Foreword xi
4. Introduction 1
5. 1. Incentives in Economic Thought 7
6. 2. The Rent Extraction-Efficiency Trade-Off 28
7. 3. Incentive and Participation Constraints with Adverse Selection 82
8. 4. Moral Hazard: The Basic Trade-Offs 145
9. 5. Incentive and Participation Constraints with Moral Hazard 187
10. 6. Nonverifiability 240
11. 7. Mixed Models 265
12. 8. Dynamics under Full Commitment 303
13. 9. Limits and Extensions 347
14. References 399
15. Author Index 413
16. Subject Index 417